Can I retire at age 50 with 539,000?

Use the below retirement simulation to view the chances of a successful retirement.
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $539,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$44,510$44,114$43,727$43,349$42,981$42,710
2 years$22,035$21,624$21,227$20,841$20,467$20,194
3 years$14,544$14,132$13,735$13,353$12,985$12,718
4 years$10,799$10,388$9,996$9,620$9,261$9,002
5 years$8,553$8,145$7,757$7,389$7,040$6,790
6 years$7,056$6,651$6,269$5,909$5,571$5,330
7 years$5,987$5,585$5,209$4,858$4,530$4,299
8 years$5,186$4,788$4,418$4,075$3,758$3,536
9 years$4,563$4,168$3,805$3,471$3,165$2,952
10 years$4,065$3,674$3,317$2,992$2,697$2,493
11 years$3,658$3,271$2,921$2,604$2,319$2,125
12 years$3,319$2,936$2,592$2,284$2,010$1,824
13 years$3,032$2,653$2,316$2,017$1,753$1,576
14 years$2,786$2,412$2,081$1,790$1,536$1,368
15 years$2,574$2,203$1,879$1,597$1,353$1,193
16 years$2,388$2,021$1,703$1,430$1,196$1,044
17 years$2,224$1,862$1,550$1,284$1,060$916
18 years$2,079$1,720$1,415$1,158$943$806
19 years$1,949$1,594$1,295$1,046$840$711
20 years$1,832$1,481$1,189$947$750$628
21 years$1,726$1,380$1,093$860$672$556
22 years$1,630$1,288$1,008$782$602$493
23 years$1,543$1,205$930$712$540$437
24 years$1,463$1,129$861$649$486$389
25 years$1,390$1,059$797$593$437$346
26 years$1,322$996$739$542$394$308
27 years$1,259$937$686$496$355$274
28 years$1,201$883$638$455$320$245
29 years$1,147$833$594$417$289$218
30 years$1,097$787$553$383$261$195
31 years$1,050$744$516$351$236$174
32 years$1,006$704$481$323$214$156
33 years$965$666$449$297$193$139
34 years$927$631$420$273$175$124
35 years$890$599$392$252$159$111
36 years$856$568$367$232$144$100
37 years$824$540$344$213$130$89
38 years$793$513$322$197$118$80
39 years$764$488$301$181$107$71
40 years$737$464$283$167$97$64
41 years$711$442$265$154$88$57
42 years$686$421$249$142$80$51
43 years$663$401$233$132$73$46
44 years$640$382$219$121$66$41
45 years$619$364$206$112$60$37
46 years$599$348$193$104$54$33
47 years$579$332$181$96$49$30
48 years$561$317$170$88$45$27
49 years$543$302$160$82$41$24
50 years$526$289$151$76$37$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $539,000, adding $2,325 every year, while hoping to spend $36,955 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 34/48/18 Blend
49$539,000$539,000$539,000$539,000
50$596,376$567,809$559,455$613,275
51$617,887$556,312$538,877$614,397
52$640,353$543,013$516,371$612,011
53$663,833$527,785$491,833$608,658
54$688,390$510,492$465,156$604,274
55$714,093$490,993$436,225$598,791
56$741,015$469,136$404,923$592,140
57$769,236$444,762$371,127$584,247
58$798,845$417,702$334,706$575,036
59$829,935$387,777$295,526$564,427
60$862,608$354,798$253,446$552,337
61$896,977$318,566$208,319$538,681
62$933,163$278,870$159,992$523,370
63$971,297$235,486$108,304$506,310
64$1,011,524$188,180$53,086$487,405
65$1,054,000$136,702$0$466,558
66$1,098,898$80,789$0$444,788
67$1,146,402$20,165$0$431,821
68$1,196,717$0$0$417,380
69$1,250,067$0$0$425,405
70$1,306,693$0$0$445,269
71$1,366,862$0$0$466,417
72$1,430,866$0$0$488,957
73$1,499,022$0$0$513,009
74$1,571,680$0$0$538,700
75$1,649,221$0$0$566,172
76$1,732,065$0$0$595,582
77$1,820,668$0$0$627,098
78$1,915,536$0$0$660,908
79$2,017,218$0$0$697,217
80$2,126,321$0$0$736,250
81$2,243,507$0$0$778,254
82$2,369,505$0$0$823,499
83$2,505,117$0$0$872,284
84$2,651,219$0$0$924,936
85$2,808,776$0$0$981,815
86$2,978,849$0$0$1,043,314
87$3,162,603$0$0$1,109,870
88$3,361,316$0$0$1,181,958
89$3,576,397$0$0$1,260,105
90$3,809,390$0$0$1,344,886
91$4,061,997$0$0$1,436,937
92$4,336,088$0$0$1,536,955
93$4,633,719$0$0$1,645,709
94$4,957,151$0$0$1,764,043
95$5,308,874$0$0$1,892,888
96$5,691,624$0$0$2,033,265
97$6,108,414$0$0$2,186,301
98$6,562,559$0$0$2,353,234
99$7,057,705$0$0$2,535,428
100$7,597,867$0$0$2,734,384